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PBS
Dec 4, 2012 6:00pm PST
if we don't deal with the deficit right away. the fiscal cliff is a very different story. that's about reducing the deficit too fast. >> ifill: you call it an austerity bomb. describe what you mean by that. >> what's happening is that we are scheduled, unless something is done basically to do to ourselves gratuitously what has been happening to some of the european economies. we're going to have substantial spending cuts, substantial tax increases at a time when the dme is still very weak. of course that's a recipe for sliding back into recession. we set ourselves up with the land mine and the road in front of our economy which is not based on anything real, it's just based on our politicalness. >> ifill: speaking of political mess, both sides have what they say are opening gambits on the table. president obama at least his last week which calls for $1.6 trillion in revenues. the republicans came back with their own yesterday. as you looked at each approach, what do you see in that? >> well, i think it's important. i think the reporting has been a little weak on the republican plan. it
MSNBC
Dec 6, 2012 11:00am PST
don't know what they discussed. the first read team says a fiscal cliff deal is in sight. what do they think the big deal will be? join our conversation on twitter. find us at @tamronhall a and @newsnation. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. [ man thinking ] oh, this gas. those antacids aren't working. oh no, not that, not here! [ male announcer ] antacids don't relieve gas. gas-x is designed to relieve gas. gas-x. the gas xperts. now's a good time to think about your options. are you looking for a plan that really meets your needs? and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider a
PBS
Dec 5, 2012 12:00am PST
in a fiscal cliff deal. we talk with delaware governor jack markell. >> susie: i'm susie gharib. a coalition of the nation's top c.e.o.s is feeling pessimistic about getting a fiscal cliff deal.
CBS
Nov 28, 2012 5:30pm PST
speaker john boehner. the two agreed it was in foeryone's best interest to get a fiscal cliff deal sooner rather than later, both agreed to aim for one before christmas, but they also acknowledged, scott, it will be very difficult to achieve that. >> pelley: thank you, major. will the president's team find a receptive republican congress? nancy cordes is on capitol hill for us tonight. nancy. >> reporter: well, scott, one top republican aide actually told me today that he sees these talks as one-sided, that republicans have been making all the proposals, and speaker boehner said he's still waiting for a balanced offer from the white house. >> republicans are willing to att revenue on the table but it's time for the president and democrats to get serious about the spending problem that our country has. >> reporter: today on capitol hill, erskine bowles met with both sides. he's the co-chair of simpson- bowles commission that drew up a leading plan to cut the federal debt. >> i upon hopeful but i wouldn't put me in the optimistic wetegory. we have a long way to go and a very few days to get
MSNBC
Dec 2, 2012 1:00pm PST
written about the pessimistic view on the fiscal cliff negotiations. why don't you think a deal gets done? >> well, i just think the parties are too far apart. if president obama wants republicans to agree not only to allow the top tax rates to go up, but also put a new millionaire surtax, new stimulus funding, there's no way republicans do that without many entitlement reform. i think the democrats are prepared to allow, and that's why i just think that i agree with the congressman. i think that we are likely not to get a deal before the beginning of the year. >> but do you think it was a senator lindsey graham indicated there at the beginning, do you think it was a political calculation or is a political calculation on the part of the white house? >> well, i think there are political calculations being made by everybody in washington right now, but i don't think it's a secret that the democrats believe, in a lot of cases, that they have the upper hand in the p.r. war over this issue. >> perry, this is grover norquist just a few hours ago on "meet the press." take a listen. >> every repu
MSNBC
Dec 6, 2012 7:00am PST
're offering up an $800 billion tax increase, that's a big deal but it doesn't save us from the fiscal cliff. as susan was suggesting, there's a long time to go between now and the 31st. they have to wait until that long because neither side wants to appear to be giving in too early. that means they've given away more than they had to. you've got the president out there stirring the pot, trying to bring public opinion more to his side. the republicans are struggling to find some message to keep up with it. the danger is this whole thing boils over in animosity before the 31st and they go off the cliff because they have antagonized each other so much. >> and speaking of antagonistic situations, there's been a lot made of the dysfunction within the republican party but there's an article on the front page of the "new york times" that suggests that speaker boehner is actually in a stronger position in his caucus than when he was elected two years ago. how is he doing, do you think? >> well, i think he's in a stronger position because republicans feel like they're in a weaker position. i think a
CSPAN
Nov 29, 2012 7:00am EST
the fiscal cliff. that's the hill newspaper. here's politico this morning, inside the talk, fiscal cliff deal emerging is what some write this morning. and that's from politico this morning. first call up on our question this morning, g.o.p. says address the spending problem and in silver spring, maryland, democrat, good morning anne. caller: yes, well i would like the g.o.p. to be a little more specific because all of them who signed the pledge they want to slink government. i listen to c-span. they're so upset about ben gauzey, which they should be upset about, they don't take into account that the state department has a shoestring budget. people are very upset about the compounding, but the f.d.a. operates on a shoestring budget because they have been shrinking government. host: so anne, do you see room for cut? caller: yes, i see room for budget cuts in the defense department. i'm a senior citizen facing retirement, and i really do believe in some means testing for social security. it's an insurance program. and there are people, you're just like with your health insurance, if you're real
CSPAN
Dec 4, 2012 1:00pm EST
to deal with the so-called fiscal cliff. even though for months they have not really flushed out with great detail where they wanted to see savings, yesterday they did. they came out with a proposal which talked about waiving the eligibility age for medicare from 65 to 67. they talked about recalculating the cost-of-living adjustment for seniors who are on social security. it's the so-called chained c.p.i. which would lower the year in and year out increase for people on social security in terms of keeping up with the cost of living. and these proposals really need a full vigorous debate before the american people before we move in that direction which i would argue and certainly you and others here this afternoon would be the wrong direction for middle class and working family americans. you know, in terms of medicare, i think it's really important historically to review how medicare came into existence. in 1965 when it was signed into law, president lyndon johnson, on the porch of harry truman's house in independence, missouri, half of all americans had any insurance whatsoever
CNN
Dec 6, 2012 2:00am PST
in the fight over the fiscal cliff. a deal has to be hammered out in 26 days or all of us will be dealing with heavy-handed tax hikes and sweeping cuts. the two sides are keeping details of the discussion yesterday under wraps. thil standing their ground on tax hikes for the top 2%. >> the revenues we're putting on the table are going to come from, guess who, the rich. >> once republicans acknowledge that rates are going up for top earners, we believe that an agreement is very achievable. >> kate baldwin is live from washington, d.c. really nice to see you, kate. i know i went into this saying that we're light on details. i'm wondering if you know anything else, are we closer to an agreement. >> i think we're a long way from a deal. although it's one issue they're fighting about. politically they are still very far apart. the two men as you mentioned, the president and speaker boehner did speak for the first time yesterday, the first time in a week which i guess at this point in and of itself is significant because there isn't much talking going on outside of that. but neither side is off
CNBC
Dec 5, 2012 9:00am EST
on that in a moment. >> investment banks paralyzed by the fiscal cliff. we'll find out what it will take to get deals going once again. >> we expect the president to speak on the fiscal cliff before the business roundtable. we'll bring you his comments live. citigroup cutting 11,000 jobs taking a billion dollar charge. kayla tausche has more. >> investors see this as a positive. a big move for a new ceo who is just getting his sleeves rolled up. the cuts will span across nearly all of the company's divisions but biggest slice of the pie coming from global consumer banking cutting 6,200 jobs there. the cuts are broad. nearly 2,000 jobs cut from the institutional clients group including investment banking six times the layoffs reported to take place in the securities business earlier this month. jim cramer said earlier that it feels like citigroup has been cutting jobs forever but that's because the bank has downsized by a third since peak employment in 2007. most of that cutting took place after he took the reigns. it will have 261,000 jobs once these cuts are done. the 11,000 announced today is a big
CNN
Dec 1, 2012 2:00pm PST
a deal to avoid the so-called fiscal cliff. a huge package of tax hikes and spending cuts will kick in january one. they spent time blaming each other for not getting serious. in his weekly address, president obama says he is ready to make a deal but wouldn't accept continued tax cuts for the wealthiest people. >>> the senate has already passed a bill to keep income taxes from going up on middle class families. democrats in the house are ready to do the same thing. and if we can just get a few house republicans on board, i'll sign this bill as soon as congress sends it my way. but, it is unacceptable for some republicans in congress to hold middle class tax cuts hostage simply because they refuse to let tax rates go up on the richest americans. >> republicans say tax hikes on the wealthy mean tax hikes for small businesses, something they insist they cannot accept. here is long-time gop senator orin hatch. >> unfortunately, some on the other side of the aisle are indicating a disastrous thelma and louise idea, that will put us in jeopardy, for small business and other parts of the e
KICU
Nov 28, 2012 11:30pm PST
and fall among the comments on the fiscal cliff. there was optimism that a deal could be reached before christmas. the dow is up 106, the nasdaq up 23. >>> sales of single family homes are dow slightly. a .3% decline was reported today showing a slow recovery for the housing market. economists expect home construction to add to economic growth this year. >>> the megabus service is coming back. the expanded service area includes los angeles, sacramento and reno. and it begins december 12th. fares start as low at $1 for advanced bookings. the price goes up as your travel date gets closer. megabus.com previously served the west coast back in 2007 and 2008. >>> a 15-year-old faces a judge on charges of attempted murder of a police >>> back now to our storm watch coverage. and you are tracking some significant rainfall. >> it's going to add up and be cumulative through the next few days. take a look at a map of northern california. as we get to sunday we're talking over ten inches of rain. the north bay could see seven to eight inches and the bay area proper, 4 inches of rain. the santa cruz
PBS
Dec 4, 2012 5:30pm PST
of conversations about the fiscal cliff. tonight we hear from economist paul krugman. >> i don't think there's going to be much of a deal. i think there's going to be a kind of... there will be an outcome. >> woodruff: from haiti, fred de sam lazaro reports on the efforts to stem a deadly cholera epidemic that began after the 2010 earthquake. >> ifill: and ray suarez talks to author and journalist tom ricks about what he describes as the decline of american military leadership. >> today nobody gets credit for anything and mediocrity is accepted as a core value in the performance of generals. >> ifill: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy, productive life. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station
FOX
Nov 28, 2012 10:00pm PST
to rise and fall among the comments on the fiscal cliff. there was optimism that a deal could be reached before christmas. the dow is up 106, the nasdaq up 23. >>> sales of single family homes are dow slightly. a .3% decline was reported today showing a slow recovery for the housing market. economists expect home construction to add to economic growth this year. >>> the megabus service is coming back. the expanded service area includes los angeles, sacramento and reno. and it begins december 12th. fares start as low at $1 for advanced bookings. the price goes up as your travel date gets closer. megabus.com previously served the west coast back in 2007 and 2008. >>> a 15-year-old faces a judge on charges of attempted murder of a police officer. >> our storm watch coverage continues. >> sand bagging in san francisco aims to keep this neighborhood from flooding a second time this year. >>> back now to our storm watch coverage. and you are tracking some significant rainfall. >> it's going to add up and be cumulative through the next few days. take a look at a map of northern california. as w
CNN
Dec 1, 2012 5:00am PST
off the fiscal cliff. >> we're facing a fiscal grand canyon. >> okay. so it's a big deal. question is can these guys strike a deal? >> i've got to repeat. i've got a pen. >> meantime, damage control for u.n. ambassador susan rice out to smooth things over with this week with republicans after those benghazi talking point. >> exextremist elements came to the consulate as this was unfolding. >> it didn't work. now their talking points. >> we are significantly troubled. >> i want to say that i'm more troubled today. >> democrats shot back. >> they are not only blaming her for this intelligence report, they are trying to blame her for the actual tragic event. >> i've seen so much crazy stuff in this house could i write a book. >> or make an internet video. >> not be a true god-fearing person and be on a television show like that. >> that's actor angus t. jones, the "two and a half men" star caught slamming his own tv show. >> if you watch "two and a half men," please don't watch "two and a half men." i'm on "two and a half men," and i don't want to be on it. >> he apologized, but still
CSPAN
Nov 29, 2012 10:00am EST
colleagues to make sure we deal with, quote, the rest of the fiscal cliff. that would take $900 billion off the cliff right now. so, folks, just look around here. people are consumer confidence is growing. the last thing we need to do is dash that now by being unable to extend the middle class tax cuts. thanks for shopping with me. i know you won't tell anybody what i bought for christmas. thank you very much. [applause] [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> vice president joe biden at the new and the first costco in washington which employs some 200 people. he was joined there by the c.e.o. of costco, who also spoke at the democratic national convention. was a major obama fundraiser. we are live back on capitol hill waiting to hear from house speaker john boehner and his weekly briefing. the speaker today was one of the leaders set to meet with treasury secretary tim geithner up on capitol hill today to talk about the fiscal cliff negotiation. we'll be hearing from the speaker shortly. the house gavels back in at
CNN
Dec 2, 2012 3:00am PST
the fiscal cliff deadline. and while the deal will actually be made in washington, politicians are taking their message on the road and straight to the voters. cnn political editor paul steinhouser has more. >> good morning. the presidential election may be fading into the rearview mirror, but it feels a lot like campaign season. >> i'm already missing the time that i spent on the campaign visiting towns like this and talking to folks like you. >> we love you. >> i love you back. >> the president speaking at a cam tpaign style event in philadelphia, pushing to avert the fiscal cliff. house republicans hours before the president's trip push back against mr. obama's plans in their own campaign style video. >> this notion of $250,000 being top 2% or the wealthy people in america ignores the way most small businesses work in america. >> this political fight is over policy, but if you weren't paying attention, you'd swear the presidential election was still going on. while the fiscal cliff battle plays out, campaign politics marches on. >> i want to help create a better united states. >> we're
CBS
Nov 29, 2012 6:00pm PST
. >>> president obama dispatched his chief negotiator to capitol hill to work on a deal to avoid the "fiscal cliff." today treasury secretary tim geithner met with house and senate leaders. republicans came out of that meeting saying that the white house needs to get serious about spending cuts. >> it's time for the president, congressional democrats to tell the american people what spending cuts they are really willing to make. >> let's give a christmas present to the american people. and all we're saying is, we're willing to make the cuts. >> coming needs to reach an agreement in the next few weeks in order to avoid a series of automatic tax hikes and spending cuts in january. >>> oh, to be a fly on the wall on this one. president obama and mitt romney met privately at the white house today to chew over the nation's economic issues. it was the first time they have been together face to face since their contentious campaigns. cbs reporter tara mergener on the political power lunch. >> reporter: mitt romney got out of an suv and walked into the white house alone. the former republican nominee then
MSNBC
Dec 6, 2012 10:00am PST
the impact of a tax increase for 98% of americans if a deal the on the fiscal cliff is not reefed. while negotiations appear to be at a standstill, we know president obama and house speaker john boehner finally spoke by phone yesterday. the first conversation in a week. we don't know what they talked about or how long they spoke, because both men agreed to keep details of the conversation between the two of them. meanti meantime, democrats are digging in heels saying no deem if republicans refuse to let go of tax cuts for the wealthy. >> it's really time for republicans to face reality. i would hope the house of representatives would look closely at what's going on with senators coming out saying please, mr. speaker, do something about protecting the middle class. >>
FOX News
Dec 4, 2012 3:00am PST
to avoid the fiscal cliff almost asap. was it because it was a bad deal but his favorite deal could be no deal at all. i feel like i am playing let's make a deal. remember that show? >> steve: meanwhile fascianista and mentor about to get a major promotion from the president? is she qualified to be a u.s. ambassador and run an embassy? we ask you ladies and gentlemenn of the jury. >> brian: she would be best dressed. fired for being a man. bell ringer was silenced because the girls bring in more christmas cash. is that true? "fox and friends" starts right now. ♪ >> steve: welcome aboard, folks. live from studio e. brian has a lot of friend exercise family members that watch the program. call him throughout the program today, because unbeknowns to you. prian cell phone has fallen through a hole of the jacket pocket and stuck in the lining. >> brian: it dropped through the lining and a secret passage. >> gretchen: give me that coat. >> brian: this is how i function. >> gretchen: somebody get scissors . i can feel the calls coming through. >> brian: there we go. hole in the pocket bu
MSNBC
Nov 29, 2012 6:00am PST
with the white house to avoid a fiscal cliff. cnbc's becky quick is here. what has more impact? the weekly jobless claims which have some sandy issues involved or the fiscal cliff talks? >> definitely the fiscal cliff. what you were talking about yesterday, boehner's comments really turned things around for the markets, all this sense of optimism all of a sudden. we saw the markets go from down triple digits for the dow up to triple digits. we haven't seen a swing like that since over a year ago. it's been october of 2011 was the last time it happened. it's definitely the fiscal cliff driving things. we heard commentary from lloyd blankfein, between that and the lead story -- one of the top stories on the front page of the "wall street journal" suggesting the president is flexible on the tax hikes, that sounds like a deal might get done. you see a gain of 50 or 60 points. gdp up 2.7% from 2%. there was concerning things when you dig into the numbers, it's all fiscal cliff all the time here, chuck. >> oh, hopefully, as you guys say, it will all -- people will rise above, right, becky? >> th
CSPAN
Nov 29, 2012 8:00pm EST
cuts do you think it would take to reach a deal on the fiscal cliff? and you think that just the promise of spending cuts have to be included at this level and at this time? >> it is not productive for either side to lay out hard lines as for what size the spending cuts ought to be. there are a lot of options on how you can get there. but the second part of your question was? >> my question is do you think the promise of spending cuts has to be included in the deal that averts the fiscal cliff? >> there is a free-market we presented to the white house two weeks ago. the framework has been agreed to in terms of a down payment for the end of this year. that would include spending cuts and it would include revenue. setting up a process for entitlement reform next year and tax reform next year. but this is way out of bounds. and not a recognition by the part of the white house on the serious spending problem we have. >> facing the prospect of going over the fiscal cliff or extending the lower tax rate and at the upper one, which would you choose? >> i will do everything i can to
CSPAN
Dec 6, 2012 1:00pm EST
. >> the joint economic committee today heard from the two economists on how to deal with the fiscal cliff. marchese said tax increases are necessary to reduce the deficit. senator bob casey of pennsylvania chaired the hearing. >> the committee will come to order. we want to thank everyone for being here today. i did not have a chance to personally greet our witnesses, but i will have time to do that later. i want to thank both of our witnesses for being here. i will have an opening statement that i will make, and then i will turn it to dr. burgess. i know that vice chairman brady will be her as well. we know the challenges that we confront here in congress on a whole range of issues which are sometimes broadly described under the umbrella of the terminology, fiscal cliff -- when we confront those difficult challenges, we have to ask ourselves a couple of basic questions. one of the basic questions we must ask is, what will be the result and will be the impact as it relates to middle income families? what will happen to them in the midst of all these tough issues we have to work out? we kn
CSPAN
Dec 4, 2012 8:00pm EST
of three months. what we need to be more focused on is to get through the fiscal cliff and get a deal done and lay the foundation for long-term fiscal reform. it is focused primarily on health care. >> senator, can you wait in on this? cbo, 10-year window, this is a requirement. congress needs to address these things. a roadmap, if you will. should we change the rules before we play the game? >> all of these extraordinary and practical ideas cannot survive in the cbo structure. that is a forcing mechanism. people are grasping onto ideas such as changing the age. people can easily explain it i and understand it instead of doing the more complex and difficult things that would get you where you want to go. i would be interested -- i have always opposed -- >> i did not hear that. >> directive scoring when it comes to cbo. i do think somehow and i think this is the governor's point, which is congress ignores a lot of stuff that makes sense. it gets wrapped up in its day- to-day activities. i honestly think you break out of this is if you get a white house and leadership in congress that are wi
FOX News
Dec 2, 2012 3:00am PST
or congress to come together and reach a deal on avoiding that fiscal cliff and we are nowhere even close to any compromise after the president's proposal, ali. >> alisyn: yeah, it's not looking promising. because the president, i mean, the republicans say at that they were hoping that the president was going to try to meet them more in the middle or halfway because they all had agreed that they could raise 800 billion dollars with each of their separate tax proposals, one was to close loopholes on the republican side. and the president to raise on individuals and now the number has changed. the president in his proposal wants 1.6 trillion dollars in tax increases. here is the president on how the g.o.p. has not been cooperating. >> if congress does nothing, every family will see their income taxes automatically go up, a typical middle class family will see their taxes rise by 2200 dollars, but it's unacceptable for some in congress to hold middle class tax cuts hostage because they refuse to let the tax rates go up on the wealthiest americans. >> a lot of people saying that there's not b
MSNBC
Dec 1, 2012 9:00am PST
on the fiscal cliff with the deadline at the end of the month republicans are calling the white house's new proposal unrealistic, while president obama takes it on the road to rally support. joining me now isdom senator ben card enmember of the budget and finance committees. senator thank you for joining us. >> my pleasure. >> let's talk take a look at probe's proposal. a $50 billion stimulus package. some have characterized this as a democrats' wish list. can you put into perspective how realistic this is? >> i think it is a realistic next step. remember we've already done close to $1 trillion in deficit reduction during the debt ceiling agreement. so we've gotten $1 trillion of discretionary domestic spending savings. it's time now to move on the revenues. quite frankly, i think the easiest next step, i would hope this could happen as early as this week, is to pass the continuation of the lower tax rates for those under $250,000 of taxable income. get that done. everyone agrees on it. it helps the holiday season. it gives confidence. we know we have to get beyond that. we know we also hav
Current
Dec 3, 2012 3:00am PST
goal is to let this country go over the fiscal cliff because he wants the economy to fail because he wants president obama to fail. john boehner, again, i think the worst speaker ever, it's a time for leadership, not for playing political games. american people have spoken. this is a time for leadership. i think if john boehner is unwilling to lead, we've got to put pressure on him to get the hell out of the way. fish or cut bait. get the hell out of the way. he has no backbone. he has no balls. he is a lousy, lousy leader. he is a looser. i think we ought to start putting the pressure on him. let's pick a fight today with john boehner. it's not picking a fight with boehner. it's just doing something to save this country. so, peter, how do people -- i call on you join me in call okay john boehner lead or get out of the way. >> peter: if you want to send him an e-mail speaker.gov/contact. you can send it to him. if you are on twitter >> bill: speaker.gov spiritists we are tweeting this as well. if you are on twitter he is tweeting @speakerboehner,
CNN
Dec 4, 2012 9:00am PST
in their opinion, to avoid the fiscal cliff. i think you can file this one under the to be continued unfortunately. >>> bipartisan delegation of governors meeting with the president and congressional leaders at the white house to discuss how badly this fiscal cliff could affect them out there in those states who rely heavily on the feds and how automatic deficit reduction measures will hurt state budgets. federal aid is big, big, big to the states. federal grants make up a third of state revenue. at the table, utah's governor gary herbert, government falli number, governor walker, minnesota's governor mark dayton, and arkansas's mike beebe. what they said when they emerged from the meeting. >> we have ideas how we can save money, how we can be able to create more efficiencies and government and spending with some of the different demonstrations that we've done in our various states we plan on getting back to the president, vice president with our suggestions and ideas. >> none of us want to see taxes on middle class folks go up. and we think it would have a significantly negative impact on the eco
MSNBC
Dec 3, 2012 10:00am PST
do think there is -- you can make a political argument that going over the fiscal cliff, may be in democrats' best political interests. now that takes aside the entire debate over whether it's a good thing for the economy. >> they have no idea. >> nobody knows for sure. >> it's a very good point. >> it's a big risk. >> and if you look at polling that says, well this would -- they would blame -- you never know if it's true. i think that is a theory in some democratic circles but to your point, andrea, i think the uncertainty creeps in why no one is saying let's let this deadline pass. >> before i let you both go, since you're two of the smartest people i know in washington, where do we stand on cabinet selections and, you know, the foreign policy team. >> we saw this joking moment, let me replay it, a news conference to push the u.n. treaty on disabilities which -- >> which is going to -- may fail. >> which is unbelievable since america has been -- >> very surprising. >> way out front since the days of bush '41 and tom harken was the big -- >> bob dole. >> and john mccain toda
FOX
Dec 6, 2012 5:00am PST
. >>> and they are looking for billions of dollars in cuts as they prepare to go over that fiscal cliff. hundreds of thousands of the jobs all over california could be affected, allison? >> 135 government workers in california could lose their jobs if there is no deal on those spending cuts that kick in at the end of the month. they say not only to plan for the cuts but that has changed. they are preparing to slice about 10% of their budget. experts are looking at 135 defense employees could lose their jobs but experts say there is still time to reach a deal and avoid those major lawsuits. >> nobody wants to reach a deal more than i. i will be ready to sit down with the president and solve this. >> reporter: they could be hit the hardest and i will have more about it during my next update on ktvu channel 2 morning news. >>> they are looking at grant money from the environmental protection agency. each student could be awarded a large sum of money. stanford's group wants to disinfect drinking water in bangladesh. in april they go to washington d.c. to prevent their work to a panel of scientists an
MSNBC
Dec 6, 2012 6:00am PST
, is the administration prepared to go over the fiscal cliff? >> oh, absolutely. again, there is no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest. >> and that is the important phrase there, prepared to go off the cliff if there is no agreement on raising those rates. we're going to get to that in a minute. utah republican senator orrin hatch fired back and said, quote this, is one of the most stunning and irresponsible statements i've heard in some time. the american people want us to find a reasonable path forward not to rattle our sabers and play this dangerous game. of course, both sides are playing games. they are rattling their sabers. house members streamed out of the capitol and headed out of town wednesday after canceling today's session. they insist nothing will get done until the president makes a counteroffer to what they say is their full fledged proposal for monday. >> the revenues we're putting on the table are going to come from, guess who? the rich. there are ways to limit deductions, close loopholes, and have the same peop
FOX
Dec 1, 2012 7:00am PST
their unemployment in four weeks unless congress reached a deal to avoid that fiscal cliff. letters have already gone out to almost 350,000 people in danger of losing their benefits. more than 2 million nationwide could loss also be affected. >>> bay area school lunch menus are changing as part of a push to get people to eat healthier food. they have been redone to meet new nutrition guidelines president the times reports students in many bay area school distributes are getting more fruits, vegetables and whole grains and less salt. >> flu season is off to a strong start. activity went up slightly over the thanksgiving holiday. every state is reporting some type of activity, but for vermont. doctors are recommending you get your shots and a free clinic is being offered tomorrow. >>> apple products are so popular parents are naming their children after them. a new report shows six girls were named apple this year, that's twice as many as last year. twice as many boys were named mac and 17 girls were named siri, that's six more than last year. >> the babies all beautiful no matter what name. we have
Current
Nov 29, 2012 3:00am PST
during fiscal cliff negotiations, we're not seeing much in terms of a deal. the latest roadblock is the cost of federal retirement programs. republicans are staying is up to the president to cut back on medicare medicaid and social security but democrats want entitlement programs completely off the table. today, the white house is sending treasury secretary timothy geithner and congressional negotiator rob neighbor to capitol hill where they will lay out their proposal with speaker boehner. more bill press is coming up after the break. as always, we're live in our chat room and would love to see you there. current.com/billpress. we're right back. you're about to watch a viewer created ad message for little caesars who proudly salutes unites states veterans everywhere. >> hi, i'm rick loz. i joined the united states air force in 1987. as i was leaving the service i went into a civilian career for a little bit but i was looking for a little bit more than what the civilian career had to offer me and that's when learned about the little caesars
CNN
Dec 4, 2012 8:00am PST
with this fiscal cliff will have some real consequences, that we're not just talking about sort of these ambiguous numbers but it will impact them and why does it impact them? because according to a pew report, a third of the revenue of states comes from federal grants, and so states -- >> hey, dan, you're not going to believe this. just as you're speaking live, i'm only going to interrupt you for the governors themselves. let's listen in. >> governor beebe of arkansas, we are three democrats and three republicans. we just had what i would say was a very good meeting with the president. we came in part to make sure that the voices and the issues that we face as governors in the states are heard and are considered as part of the discussions going on here in washington. the president was very open to that, said that we would continue to have a seat at the table. we talked about some of the issues that we often focus on as governors. one of those being opportunities for flexibility in terms of some of the programs that we partner with with the federal government. he was very open to that as well. als
CSPAN
Dec 4, 2012 10:00am EST
of -- mr. blumenauer: there is a great deal of hyperactive rhetoric about the fiscal cliff and the trouble ahead. the fact is that people should just take a deep breath and focus on where we are and where we need to go. first of all, it's not a fiscal cliff but a slope. there are many opportunities for us in the weeks ahead to be able to change the unsustainable trajectory of america's financial future. there are many efforts already evident and people taking steps to try and cope with it. the president campaigned very explicitly on raising the top tax rates. it was something that was embraced by democrats running for the senate and virtually all of them running for the house. . the house increased in democratic numbers. there were more democrats added to the house and more americans voted for the president and his vision, for the senate democrats and for democrats in the house than my republican friends on the other side of the aisle. it's encouraging that the president has decided that he's no longer going to negotiate with himself. he's laid out his positions, and has encouraged a respo
CSPAN
Nov 30, 2012 9:00am EST
security crisis. and he was right. unfortunately five years later as we deal with the looming fiscal cliff, some in the president's own party are denying the fiscal reality when it comes to social security. here are the facts -- social security is the government's most expensive program. since 2010 it's been bleeding cash, and over the next 10 years it will do so to the tune of nearly $1 trillion. as recent "usa today" editorial put it, social security is indeed contributing to our deficit. to say otherwise is to lie to the american people. mr. speaker, all americans want, need and deserve that we work together to address our fiscal challenges. we owe it to current and future beneficiaries to secure this critical safety net. we can make social security solvent forever. let's do it. i yield back. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from georgia seek recognition? >> i ask unanimous consent to address the house for one minute and to revise and extend. the speaker pro tempore: the gentleman from georgia is recognized for one minute. >>
CSPAN
Nov 29, 2012 9:00am EST
in secret day after day, week after week. the deadlines are getting closer. the fiscal cliff is getting closer. then on the threat of panic, force through some deal to maintain the status quo for taxes, more spending, more debt. it would be presented to the senate in a way that if it's not adopted immediately, the country will be in great fiscal danger. this process. -- this process needs to be taken out of the shadows. we need public debate, and people would know the facts that are now being hidden from us and hidden from members of congress. we don't know what's going on. the latest article in "politico" today said the deal -- the so-called deal has been negotiated by the speaker of the house and the president, not even harry reid is in the meetings, apparently. certainly not the members of the united states national or the members of the house of representatives -- united states senate or the members of the house of representatives. and if we had a public debate, people would discover that according to the c.b.o. mandatory spending is going to increase -- increase nearly 90% over the
MSNBC
Dec 6, 2012 8:00am PST
message out about the fiscal cliff. he explained why this morning on "today". take a look. >> i thought the guy said pretending you're riding a horse and lassoing steer. let me tell you, you have to reach young people. >> it's hard to read when you're coughing and laughing all at the same time. it's problematic, people. so, from alan simpson to the animated simpsons, mr. montgomery burns explains the fiscal cliff. >> think of the even xhooe econd the ri as a car. if you don't give the rich man money he'll drive you over the cliff, it's common sense. >> that's going to wrap things up for me. i'll see you tomorrow at 11:00 a.m. eastern time. congresswoman maxine waters will be here, marcia blackburn, jared bernstein and ron insana. ben labolt and hogan gidley. "now with alex wagner" comes your way next. ready bored. hmm, we need a new game. ♪ that'll save the day. ♪ so will bounty select-a-size. it's the smaller powerful sheet. the only one with trap + lock technology. look! one select-a-size sheet of bounty is 50% more absorbent than a full size sheet of the leading ordinary brand. u
CSPAN
Dec 4, 2012 11:00pm EST
you. unaccountable. c-span2. >>host: has part of our series looking at the fiscal cliffs we look at different aspects today we turn our attention to the amt and the patch that could work out a deal if they do nothing it will affect 30 million americans. john buckley thank you for being here. what is the alternative minimum tax? >>guest: you pay the greater of the regular income tax or under the minimum tax that has the broader-based to disallow those deductions. >> in some respects it is similar to the itemize deductions rather than directly attack it puts the overall cap there is no new ideas it bears a strong relationship. >>host: here's the form for the 2011 tax preparation the alternative minimum taxes you fall into it? how do you know, ? >> i believe you could only do this with computer programs like tax prepares if fried did not have that i do believe that at&t would have been killed along time ago if people really had to do that to figure out the details there would be a strong revolt against the complexity. it is extremely burdensome if you try to do it without preparatio
CNN
Dec 1, 2012 11:00am PST
know you have all heard of the so-called fiscal cliff, the huge tax hikes and spending cuts that will be triggered if congress and the white house don't reach a budget deal by the end of the month. well, what are we looking at? first, cuts in defense. also bush era tax cuts set to x expire, so the majority of americans will pay more taxes. also at stake, the payroll tax holiday and unemployment benefits expect to get cut. dana, in your most recent column, you say it doesn't seem like anyone is doing anything but photo ops and news conferences. one politician was quoted as saying, effectively, we have a month. that's loads of time. is this a sophisticated game of chicken? >> it's a rather unsophisticated game of chicken, kind of elementary. what they're doing, both sides really, is doing a lot of posturing and waiting until they get close to the deadline if not go over the deadline because they feel if they go over the deadline, they're in a position to tell their hard core supporters, look, we have really got to make this deal now or that's the end. the economy goes back in
MSNBC
Dec 4, 2012 3:00am PST
negotiation as it pertains to the fiscal cliff? what would it take? >> i'm an outsider. everyone is going to beat up on everyone hard. the country will expect the deal to be done and so there will have to be a bit of give and take. it's miles apart. and on the outside we need you to sort this. if you get this resolved, i think you'll move forward strongly. when we look our situation in europe, it's troubling. i think it will trigger a strong growth pattern for you. so let's go back to finding peace. i know there's a question you've been asked many times and you thought about how do we replicate where in the 1980s you had a situation so bad. you had the i.r.a. trying to kill the prime minister. you had jerry adams talking about peace. people would no more believe they would shake hands than believe the leader of hamas would go hug netanyahu. how did it happen there? what did you learn through that process? you had such a huge role. >> first that you've got to get it in shape. you have to work out where a potential area of agreement is and then you let that start to shape the negotiations.
ABC
Dec 4, 2012 1:40am PST
by the fiscal cliff, at least 200,000 fewer jobs have been created this year. the official deadline is december 31st at midnight when the ball drops in times square. the deadline is before that, a week from friday when the house of representatives is scheduled to go on vacation. in actuality there are fewer than 11 days before they need to work out a deal. jake tapper, abc new, the white house. >> that's scary, 11 days. fellows you sit up there until it gets wrapped up. quick synopsis, gop, $800 billion in revenue through tax reform on the table. that's not what the white house wants. they want tax rates to go up as oppose to revenue going up which would include closing some loopholes. kind of one of the sticking points. >> and speaker of the house john boehner sent a nice little hallmark card, a letter to the president. i want to read you an excerpt. he set the american people rightly expect both parties to come together on a fair middle ground and address the nation's most pressing challenges. the proposal calls for $1.6 trillion in new tax revenue, twice the amount you supported during the c
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